BMO Capital Sticks to Its Hold Rating for Canadian Utilities A (CU)


Canadian Utilities A (TSX: CU), the Utilities sector company, was revisited by a Wall Street analyst today. Analyst Benjamin Pham from BMO Capital rated Canadian Utilities A (TSX: CU) a Hold, setting a C$35 price target.

According to TipRanks.com, Pham is ranked #602 out of 4869 analysts.

Currently, the analyst consensus on Canadian Utilities A is a Hold with an average price target of C$35.

Canadian Utilities A’s market cap is currently C$8.55B and has a P/E ratio of 31.5. The company has a Price to Book ratio of 1.83.

Canadian Utilities Ltd. engages in the provision of business solutions to companies in the utilities, energy, structures and logistics, and technologies sector. It operates through the following business units: Electricity, Pipelines & Liquids, and Corporate & Other.

The company’s shares closed on Tuesday at C$31.22, close to its 52-week low of C$30.80.

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